Shopkeeper has bought one kg of Apples for hundred rupees and sold it for rupees 120 per kg how much is the profit gained by him please give me answer in full method
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HIS CP = ₹100/KG
HIS SP = ₹120
PROFIT = SP - CP = ₹120 - ₹100 = ₹20
OR PROFIT % = ₹20/100 × 100 = 20% PROFIT
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Answer:
C.P. of apples = ₹100
S.P. of apples = ₹120
Profit = ₹(S.P. - C.P.)
= ₹(120 - 100)
=₹20
Profit% = Profit/C.P. × 100
= 20/100 × 100
= 20%
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